Neptune Wellness Solutions Inc. Announces US$12.65 Million Registered Direct Offering   Neptune…

The post Neptune Wellness Solutions Inc. (NEPT) Announces US$12.65 Million Registered Direct Offering appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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Hawaii wants ban on smokable hemp with new rules sent to governor
The Hawaii Legislature has approved a bill that aligns its hemp testing with federal law and joins other states in banning smokable hemp and CBD-infused edibles. Lawmakers sent the bill to Democratic Gov. David Ige on Friday. The bill also prohibits hemp from being processed with 500 feet “of... Read more
Neptune Wellness Solutions to sell $12 million in shares for operating capital
A Canadian health and wellness company is selling off more than 4.7 million common shares at an offering of U.S. $2.65 per share to raise some $12.65 million. Neptune Wellness Solutions, a hemp extractor and product manufacturer based in Laval, Quebec, said Monday in a company statement that it... Read more
Peru opens the door to CBD medicines, with commercialization imminent
(A version of this story first appeared on Marijuana Business Daily.) Peru is giving hemp-derived medicines the green light, with commercialization imminent once the respective companies obtain the necessary import permits. Two hemp-derived products are registered as “cannabis-derived natural health products” in Peru. Toronto-headquartered Ramm Pharma, a company with... Read more
iAnthus Announces Execution of Support Agreement for a Recapitalization Transaction NEW YORK and TORONTO, July 13, 2020 /PRNewswire/ – iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCQX: ITHUF), which owns, operates, and partners with regulated cannabis operations across the United States, announced today that it has... Read more
Neptune Wellness Solutions Inc. Announces US$12.65 Million Registered Direct Offering LAVAL, QC, July 13, 2020 /PRNewswire/ – Neptune Wellness Solutions Inc. (“NEPT” or the “Company”) (TSX: NEPT) (NASDAQ: NEPT), a health and wellness company focused on extraction, purification and formulation of cannabinoids, today announced it has entered into definitive... Read more
Virginia’s Board of Pharmacy awarded five cannabis processing licenses in late 2018, and three of the recipients are expected to begin dispensing cannabis products to patients within the next two months. The program remains rather narrow at the onset, even after several big improvements, but, like many other states,... Read more
The Latest Report from the FDA Shows How Poorly It Has Handled CBD

On Wednesday, July 8, the Food and Drug Administration (FDA) sent Congress a report on the CBD marketplace. Last year, Congress mandated that the FDA report on hemp-derived CBD in appropriations legislation. You can find the report linked at the bottom of this article from Marijuana Moment, which also provides an overview of the report. […]

The post The Latest Report from the FDA Shows How Poorly It Has Handled CBD appeared first on Harris Bricken.

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Was Barr’s Marijuana Antitrust Investigation Really Illegal?
Last month, U.S. Attorney General William Barr came under fire after a U.S. Department of Justice (USDOJ) whistleblower revealed that he directed investigations into ten proposed marijuana industry mergers. In the weeks since, dozens of House members have introduced a resolution calling for a possible impeachment inquiry into Barr as... Read more
$133M of medical pot sold in 1st year as pandemic legitimized industry in Ohio
The coronavirus pandemic has wreaked havoc on the state’s economy, but those in the medical marijuana industry say the virus legitimized the fledgling program in Ohio. The medical marijuana program, which is run by the Ohio Board of Pharmacy and the Commerce Department, was fully functional in April 2019.... Read more
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